Blackwood Partners in the Media

Central City Wins Outstanding Building of the Year (Toby) Award

Central City is thrilled to have been awarded BOMA BC’s Outstanding Building of the Year (Toby) Award on May 21, 2015 at an award Gala held at the Fairmont Waterfront Hotel in Vancouver. The Outstanding Building of the Year award program judges BOMA BC commercial buildings on their management, operations, energy efficiency, design, tenant relations and community impact. The TOBY Award is one of the most prestigious awards in the North American real estate industry and is further recognition of excellence in building management.

Bill Rempel, Vice President and General Manager of Central City stated, “We are extremely proud and honored to receive the BOMA BC 2015 Outstanding Building of the Year Award. We were up against very strong competition and this award speaks to the quality and calibre of Central City, our tenants, and our emerging community in Surrey City Centre.”

Central City is now qualified to advance to the National Awards Gala which will be held in September 2015 at BOMA Canada’s National Conference and Exhibition (BOMEX®) in Quebec City, Quebec.

Central City is also BOMA BESt level 3 certified which is a national program to address an industry need for realistic standards for energy and environmental performance of existing buildings based on accurate, independently verified information.

2013 Eagle Creek Village Groundbreaking

Eagle Creek

VILLAGE GROUNDBREAKING

MAKES ROOM FOR VIEW ROYAL YMCA-YWCA

Village Groundbreaking makes room for Royal YMCA-YWCA. Victoria, BC - November 14, 2013

In attendance at the Eagle Creek Village ground breaking were representatives of Blackwood Partners, Bill Rempel, Vice President and General Manager, and Vivian Li, Marketing Manager. Blackwood Partners are Omicron’s investment managers for Eagle Creek Village.

Construction begins immediately at Eagle Creek Village. Phase 1 on the 10.4 acre development is expected to be ready for tenant improvements by December 2014.

About Eagle Creek Village:

Eagle Creek Village received zoning approvals in July 2013. The Township of View Royal received a $1-million amenity contribution and 3.9 acres of forested lands adjacent to the development lands.

Vancouver – Blackwood Partners, on behalf of AIMCo Realty Investors LP, is pleased to announce the acquisition of Renfrew Centre, a 170,000 square foot office building development at East 12th Avenue & Renfrew Street in Vancouver. Blackwood Partners provided investment advisory services on the transaction and are the asset managers for the project. Renfrew Centre’s development manager will be Pacific Capital Real Estate Group.

Renfrew Centre will be the most contemporary business complex in Metro Vancouver, a building that meets and exceeds the requirements of today's office users incorporating the latest developments in environmental sustainability. This exciting project is located at the geographic centre of Metro Vancouver, immediately adjacent to the Renfrew SkyTrain station and the Route 99 B-line transit loop and is a 12 minute ride to the downtown core. The property also provides access to the Central Valley Greenway (bikeway connecting New Westminster to Vancouver). The surrounding area has long been established as a vibrant office node with excellent retail shops and restaurants located minutes away. The location is easily accessible by every major mode of commuting.

Michael Cairns, Managing Partner at Blackwood Partners stated, “We are very pleased to see this deal come together and look forward to commencing construction during the next few weeks. Renfrew Centre is a state of the art office building in an excellent location just steps from the Renfrew SkyTrain Station and we know it will be a successful development.”

Micheal Dal Bello, Senior Vice President at AIMCo said about the development, “Renfrew Centre is an excellent addition to our high quality real estate portfolio. This transit-oriented office development in the vibrant city of Vancouver is a strategic investment for AIMCo. We have an experienced team in place which we expect to deliver positive results for this investment.

Designed by Musson Cattell Mackey Architects – the leading architecture and design firm for office buildings in Vancouver – the Renfrew Centre is designed to be a state-of-the-art, seven storey, LEED Gold Certified office building. The building will be ready for tenant occupancy late 2015.

The building features 25,000 square foot floor plates and will include low-E window glazing, unique sun shade designs, abundant natural light, 9’ceiling heights, floor to ceiling glazing, state of the art HVAC systems, underground parking and service retail space within the development.

Blackwood Partners is a real estate investment advisory, asset management and transaction management services firm advising pension funds, private investors and both public and private sector corporations. Blackwood Partners transacts throughout North America for both domestic and international clients and has acquired more than $2 Billion of office, retail and industrial properties across Canada and have offices in Toronto, Edmonton and Vancouver. Blackwood Partners’ manages other properties in BC including Central City in Surrey. Additional information about Blackwood Partners can be found at www.blackwoodpartners.com.

About Pacific Capital Real Estate Corporation

Pacific Capital Real Estate Corporation (PCRE) is a Vancouver-based multi-faceted real estate company focused on office, residential, and retail developments in western Canada. Founded in 2003 by a small group of seasoned real estate professionals, PCRE has focused on developing well located, top quality niche projects. Each of the senior managers has over 20 years of experience. Additional information about Pacific Capital Real Estate Corporation (PCRE) can be found at www.pcregroup.ca.

About AIMCo Realty Investors LP (AIMCo)

AIMCo Realty Investors LP is an entity managed by AIMCo. AIMCo is one of Canada’s largest and most diversified institutional investment managers. AIMCo was established on January 1, 2008 with a mandate to provide superior long-term investment results for its clients. AIMCo operates independently from the Government of Alberta and invests globally on behalf of 28 pension, endowment and government funds in the Province of Alberta, including the Alberta Heritage Savings Trust Fund.

John Furlong speaks at the Toronto Real Estate Forum Sponsored by Blackwood Partners December 2011.

"Toronto-based Blackwood Partners Inc. was bullish enough that it paid $245.8-million in 2007 for the landmark Central City complex in Surrey's City Centre area, a project originally built for the province on a site that still has development potential."

"Forecast Inc., a leading shopping centre developer, is pleased to announce the sale of 7 retail properties and commercial/ industrial lands for proceeds totalling in excess of $167 million upon completion to a major Canadian pension fund advised by Blackwood Partners Inc. Blackwood, a Toronto based real estate advisory firm, will provide asset and property management services for the purchaser."